Financial Security and Your Homeowners Policy

Every year, more automobiles and drivers travel the highways. This can lead to an increased likelihood of a collision. Car insurance can be the difference between a small inconvenience and a large hassle. But why is insurance important and just how much do you need? Car insurance protects you by covering the cost of damage caused to your car or another person's car and injury to other people, yourself, or passengers in your car, plus specific other occurrences, such as theft. Every state or province mandates car insurance by law. Choosing to drive without owning insurance could cause you to repair or replace a stolen or damaged vehicle or pay the cost of all the damage for which you might be responsible. Liability: Bodily injury and property damage that you are responsible for will be covered under liability insurance. If you are sued, it also pays your court costs. Recommended, higher levels of insurance are available that cover more events than the lower, state-mandated varieties. Personal Injury Protection: This is mandated in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. The minimum amount of personal injury protection is usually set by local government. Medical Payments: This coverage is available in non-no-fault states; it will pay despite who carries responsibility for a collision. This insurance will pay for an insured person's reasonable medical or funeral expenses for bodily injury from an accident. Collision: Pays for damage to your car caused by a collision. Comprehensive: This type of insurance protection takes care of any damages not caused by a collision. This could include flood damage, vandalism, and theft. Uninsured Motorist: Pays for repair and replacement costs when an insured person is in an accident caused by a driver who does not have liability coverage. Under-Insured Motorist: Many drivers have liability insurance that might not be able to cover all the expenses they are supposed to take care of. Under-insured motorist coverage covers you from those drivers. Other types of coverage, like car rental, are also available. Your auto insurance payments vary by company and will depend on multiple factors, including: * What coverage you choose * The type of the car you drive * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Don't wait around to buy car insurance; you shouldn't be on the road without it. Review your needs, do your research , and with the support of your insurance agent, make the decision that best suits you. Golf Cart Insurance Clermont